Statutory corporate income tax rate in Isle of Man
Isle of Man: Statutory corporate income tax rate was 0.0% in 2018. ◆ Volatile
Statutory corporate income tax rate in Isle of Man, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2018, statutory corporate income tax rate in Isle of Man stood at 0.0%. That is the lowest value across all 19 years on record.
Over the whole period, statutory corporate income tax rate in Isle of Man peaked at 20.0% in 2000 and was at its lowest, 0.0%, in 2006.
That places Isle of Man 82nd out of 93 countries with data for 2018, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Statutory corporate income tax rate in Isle of Man, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.0% | — |
| 2001 | 18.0% | -10.0% |
| 2002 | 18.0% | +0.0% |
| 2003 | 18.0% | +0.0% |
| 2004 | 18.0% | +0.0% |
| 2005 | 18.0% | +0.0% |
| 2006 | 0.0% | -100.0% |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.0% | 0.0% | 20.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 9 |
Countries ranked near Isle of Man
- 81 Hungary 9.0% compare
- 82 Anguilla 0.0%
- 82 Bahamas 0.0%
- 82 Bahrain 0.0%
- 82 Bermuda 0.0%
- 82 British Virgin Islands 0.0% compare
- 82 Cayman Islands 0.0%
- 82 Guernsey 0.0% compare
- 82 Jersey 0.0% compare
- 82 Saudi Arabia 0.0%
- 82 Turks and Caicos Islands 0.0%
- 82 United Arab Emirates 0.0%
More economy & growth data for Isle of Man
- GDP (constant 2015 US$), per capita 84,315 constant 2015 US$ per person (2023)
- GDP (current LCU), annual growth rate 1.1 % change on previous year (2023)
- GDP (current LCU), per unit of GDP 0.8045 current LCU per US$ of GDP (2023)
- GDP (current LCU), per capita 72,421 current LCU per person (2023)
- GDP (constant 2015 US$), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant 2015 US$), per unit of GDP 0.9367 constant 2015 US$ per US$ of GDP (2023)
- GDP (constant LCU), per unit of GDP 0.6131 constant LCU per US$ of GDP (2023)
- GNI, Atlas method (current US$), annual growth rate 10.99 % change on previous year (2023)
- GDP (constant LCU), per capita 55,188 constant LCU per person (2023)
- GDP (current US$), per capita 90,015 current US$ per person (2023)
Frequently asked questions
- What is statutory corporate income tax rate in Isle of Man?
- Statutory corporate income tax rate in Isle of Man was 0.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Isle of Man?
- The highest recorded value was 20.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Isle of Man?
- The lowest recorded value was 0.0% in 2006.
- How does Isle of Man rank for statutory corporate income tax rate?
- Isle of Man ranks 82nd out of 93 countries with data for 2018.
- Where does this Isle of Man data come from?
- The figures come from OECD (2019) – processed by Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
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About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.